Maryland consumer advocate opposes Constellation-Exelon deal
BY: Associated Press
POSTED: February 7, 2012
Tags: baltimore gas and electric, constellation, Constellation Energy, exelon, gov. martin o'malley, maryland office of people's counsel, merger, Public Service Commission
Maryland’s consumer advocate says Exelon’s proposed $7.9 billion takeover Constellation Energy is still not in the public’s interest, despite the two companies’ recent settlement with Gov. Martin O’Malley’s administration.
The Maryland Office of People’s Counsel said in a filing Monday with the Public Service Commission that the two companies have not demonstrated the merger will not [...]
Top-level executives named for post-merger Constellation
BY: Daily Record Staff
POSTED: December 14, 2011
Tags: Business, Constellation Energy, Energy, executives, exelon, merger
Kenneth W. Cornew, president of the Exelon Power Team of Kennett Square, Pa., will be president of the Constellation business unit of Exelon Corp. after the $7.9 billion acquisition of Constellation Energy Group by Exelon is approved by federal and state regulators, Chicago-based Exelon said Wednesday.
Other appointments announced are Mark Huston, currently head of retail [...]
PSC staff says Constellation deal should be OK’d 
BY: Ben Mook
POSTED: December 6, 2011
Tags: Baltimore Gas & Electric Co., Constellation Energy Group, deal, Exelon Corp., merger, PSC, Public Service Commission
As long as conditions including doubling a rate credit to consumers are met, the staff of the Maryland Public Service Commission is backing the planned sale of Constellation Energy Group Inc. to Exelon Corp.
The staff of the PSC, the regulatory agency that has approval power over the deal, said that the deal would be [...]
EDF reiterates Constellation-Exelon opposition
BY: Associated Press
POSTED: December 5, 2011
Tags: baltimore gas and electric, Business, Constellation Energy, electricite de france, Energy, exelon, maryland, Maryland Public Service Commission, merger, opposes
French energy firm Electricite de France spelled out its opposition to a proposed $7.9 billion takeover of Constellation Energy in a filing with Maryland regulators.
EDF is one of Constellation’s largest shareholders and owns nearly half of the company’s nuclear unit. The French firm says in a filing Monday that the deal would, among other things, [...]
Constellation, Exelon shareholders approve merger
BY: Ben Mook
POSTED: November 17, 2011
Tags: approved, Constellation Energy, constellation energy group inc., Energy, exelon, Exelon Corp., maryland, merger, shareholders, stock
Garrett County legislators have told Exelon Corp. and Constellation Energy Group, which plan to merge, that if they want to build new wind energy projects, they might want to look elsewhere.
County commissioners in Maryland’s westernmost county sent a letter on Nov. 8 to Chicago-based Exelon addressing a proposal in the merger to build a new, [...]
Renewable energy in Constellation/Exelon deal questioned
BY: Associated Press
POSTED: November 17, 2011
Tags: chairman gregan crawford, chicago, constellation, constellation exelon merger, exelon, exelon presdient christopher crane, garrett county board of commissioners, Public Service Commission, renewable energy, western maryland, wind-power farm
Comments: 2
Promises to build more renewable energy sites in Maryland as part of the proposed sale of Constellation Energy to Chicago’s Exelon Corp. are drawing opposition in western Maryland.
The chairman of the Garrett County Board of Commissioners wrote Exelon President and COO Christopher Crane this month saying industrial wind-power generation has been a contentious issue in [...]
Ellen R. Sauerbrey: Constellation a victim of Maryland extortion again
BY: Ellen R. Sauerbrey
POSTED: November 6, 2011
Tags: Baltimore, chicago, Constellation Energy Group, edf, electricite de france, exelon, fortune 500, investment, maryland, Moody's Investors Service, Public Service Commission
Constellation Energy Group Inc. is Baltimore’s last remaining Fortune 500 corporation. One might assume that state officials would be focused on the stability and retention of major private sector employers like Constellation. Not so!
Instead, the state has an addiction to extorting money from the energy company, placing restrictions on its mergers and acquisitions, and raising [...]
Constellation-Exelon merger could lead to 600 redundant positions
BY: Associated Press
POSTED: November 2, 2011
Tags: baltimore gas and electric, christopher crane, Constellation Energy Group, Energy, Exelon Corp., mayo shattuck, merger, Public Service Commission, utility
Exelon’s proposed $7.9 billion takeover of Constellation Energy would lead to about 600 redundant positions, but the two companies are working to ease the impact in Maryland, two top executives told state regulators Wednesday.
In their third straight day of testimony, Exelon President and Chief Operating Officer Christopher Crane noted that 200 [...]
Exelon wanted more renewable energy in takeover bid
BY: Associated Press
POSTED: November 1, 2011
Tags: baltimore gas and electric, BGE, Business, Chief Operating Officer Christopher Crane, Constellation Energy, deal, Energy, exelon, mayo shattuck, merger
Exelon Corp. wanted to offer to build more renewable energy as part of its $7.9 billion bid for Constellation Energy Group Inc., the company’s president testified Tuesday as top executives for both appeared for a second day before Maryland regulators.
The deal includes a $100 credit for each residential customer of Constellation’s regulated utility, Baltimore Gas [...]
Exelon-Constellation hearing starts on a civil note
BY: Ben Mook
POSTED: October 31, 2011
Tags: Baltimore, baltimore gas and electric, BGE, chicago, civil, Constellation Energy Group, electricite de france, Exelon Corp., Maryland Energy Administration, Maryland Public Service Commission, mayo shattuck, spiegel & mcdiarmid llp
The first day of a regulatory hearing over Exelon Corp.’s acquisition of Constellation Energy Group Inc. began Monday on a markedly civil note as the leaders from both companies fielded questions about management policy, corporate structure and how the firms felt about future nuclear projects.
The Maryland Public Service Commission opened the first of what could [...]
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